Lakewood, IL Employment - Median Household Income, Unemployment Rate

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93%

Income/capita NAT. AVG.

175%

Household income NAT. AVG.

92%

Unemployment NAT. AVG.

Index	Lakewood	Illinois	National
Income per capita	$86,563	$47,397	$44,883
Median household income	$223,843	$88,967	$81,333
Median income owner occupied	$226,626	$111,557	$106,172
Median income renter occupied	$119,615	$52,117	$52,080
Median earnings male	$126,316	$60,185	$54,343
Median earnings female	$67,101	$40,368	$38,439
Unemployment rate	0.4%	6.6%	4.9%
Poverty level	1.4%	14.0%	15.1%

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Homes For Sale In Lakewood, IL

7819 Loch Glen Dr

Village of Lakewood, IL

8875 Belfield Rd

Village of Lakewood, IL

9480 Nicklaus Ln

Crystal Lake, IL

7517 Pheasant Dr

Village of Lakewood, IL

Key findings

The income per capita in Lakewood is 93% higher than the national average
The median household income in Lakewood is 175% higher than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Lakewood is 92% lower than the national average
The poverty level in Lakewood is 91% lower than the national average

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am i middle class

$149,213 $223,843 $447,686

City

$59,305 $88,967 $177,934

State

$54,216 $81,333 $162,666

Nation

According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

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Lakewood median earnings by income bracket

Lakewood employment by industry

Labour Type	Male	Female
Construction industry	8.9%	8.9%
Manufacturing sector	11.9%	11.9%
Financial & insurance services	17.9%	17.9%
Wholesale & retail services	16.4%	16.4%
Public administration	2.3%	2.3%
Transportation, warehousing & utilities	4.3%	4.3%
Education, health & social services	20.8%	20.8%
Other	16.0%	16.0%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
North Barrington, IL	2,886	$292,563	259.7%
Trout Valley, IL	522	$287,475	253.5%
Inverness, IL	8,231	$281,537	246.2%
South Barrington, IL	5,144	$276,370	239.8%
Barrington Hills, IL	4,275	$232,079	185.3%
Lakewood, IL	4,146	$223,843	175.2%

Cities with similar population

City	Population	Household Income	National Avg.
Rosewood Heights, IL	4,146	$121,285	49.1%
Fredericktown, MO	4,146	$56,173	30.9%
Paintsville, KY	4,145	$32,251	60.3%
McLoud, OK	4,147	$78,775	3.1%
San Joaquin, CA	4,144	$56,242	30.8%
Lakewood, IL	4,146	$223,843	175.2%

Source: The Lakewood, IL employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.